Sainul K Abudheen - Author at VCCircle
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Sainul K Abudheen

MicroGraam to appoint former Infosys director V Balakrishnan as chairman, in talks to raise $320K

TMT

31 December, 2013

MicroGraam to appoint former Infosys director V Balakrishnan as chairman, in talks to raise $320K

Bangalore-based MicroGraam Marketplace Pvt Ltd, which offers MicroGraam, a peer-to-peer investment platform that enables low-income borrowers to avail affordable loans ......

Bitcoin traders shut operations after RBI warns against use of virtual currencies

TMT

27 December, 2013

Bitcoin traders shut operations after RBI warns against use of virtual currencies

Bitcoin operators in India have temporarily shut down operations after Reserve Bank of India (RBI) issued a warning against the ......

Omnicom in talks to acquire digital media agency 22feet Communications

TMT

27 December, 2013

Omnicom in talks to acquire digital media agency 22feet Communications

Global media agency Omnicom is in talks with Bangalore-based digital solutions company 22feet Communications Pvt Ltd, for a potential buyout, ......

Premium
Over-the-top video-on-demand platform ReelBox raises funding

TMT

24 December, 2013

Over-the-top video-on-demand platform ReelBox raises funding

Chennai and US-based , a wired and broadband based over-the-top (OTT) video-on-demand provider, has secured funding from a group of ......

Freshdesk's latest funding from Tiger Global & Accel valued it over $50M

TMT

20 December, 2013

Freshdesk's latest funding from Tiger Global & Accel valued it over $50M

Freshdesk Inc’s latest fundraising of $7 million from existing investors Accel Partners and Tiger Global has valued the Chennai- and ......

Flipkart.com saw sales rise over 2.7x to Rs 1,345Cr last year

TMT

20 December, 2013

Flipkart.com saw sales rise over 2.7x to Rs 1,345Cr last year

India’s largest consumer e-commerce platform Flipkart.com saw a sharp rise in sales last year. Its total income or gross merchandise ......

Gaurav Burman invests in Singapore-based Bitcoin exchange itBit

TMT

19 December, 2013

Gaurav Burman invests in Singapore-based Bitcoin exchange itBit

Gaurav Burman, managing partner of Elephant Capital, has invested in his personal capacity an undisclosed amount in itBit Pte Ltd, ......

Infosys senior VP and executive council member Subrahmanyam Goparaju steps down

TMT

19 December, 2013

Infosys senior VP and executive council member Subrahmanyam Goparaju steps down

Subrahmanyam Goparaju, senior vice president and a member of the executive council at software major Infosys Ltd, has offered to ......

Kochi-based Islamic NBFC Cheraman Financial to launch $40M VC fund

General

18 December, 2013

Kochi-based Islamic NBFC Cheraman Financial to launch $40M VC fund

Cheraman Financial Services Ltd (CFSL), a Kochi-based Sharia-compliant non-banking finance company (NBFC), has received market regulator SEBI’s approval to launch ......

Mumbai-based payment system company EPS raises over $5M from Asia Participation

TMT

17 December, 2013

Mumbai-based payment system company EPS raises over $5M from Asia Participation

Mumbai-based payment system company Electronic Payment and Services Pvt Ltd (EPS) has secured Rs 33 crore (over $5 million) funding ......